Venture Capital
Azim Premji’s private PE firm PremjiInvest gauges Wipro Ventures’ interest before funding a technology start-up Over the past 18 months, Wipro’s corporate venture arm Wipro Ventures has invested in start-ups focused on disruptive technologies such as artificial intelligence and big data analytics. At the same time, PremjiInvest, the family office specializing in private equity and venture capital investments, has pumped funds into start-ups, some of which are in the technology space. However, to avoid any potential conflict of interest between the corporate arm and his family office, PremjiInvest gauges Wipro Ventures’ interest before making an investment in...